Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Monday, 14 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.
Pensions Bill
I am sorry but in their amendment the Government are trying to take a power that would allow them to rewrite the rules without any time limit and to relate them back to April 2008. That is a very serious power and it would create huge uncertainty for the business community where a defined benefits scheme was involved. The Minister cannot just stand there and say that they want the power only for this first set of amendments. They are taking the power and that is what is so problematic about Amendment No. 130EW.
Secondary information
- Type
- Proceeding contribution
- Reference
- 703 c1088
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Compensation Companies Annuities Competition Administrative delays Equality Health Eligibility Gender Income tax Divorce Insolvency Discrimination Financial assistance scheme Index linking Private sector Workplace pensions Pensions Lump sum payments Pension Protection Fund PAYE Scotland State retirement pensions Regulation Taxation Retirement State earnings related pension scheme Pensions Regulator Private equity Civil partnerships dissolution State second pension Impact assessments
- Legislation
- Pensions Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-16 00:09:24 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_492221
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